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$1,199,000   Price Analysis
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2012 S LA Salle Ave
Los Angeles, CA 90018
6 bed 4 bath 3,416 SqFt ($350/SqFt)
7,503SqFt lot. Built 1916
Listed 2024-05-31, Taxes $10,147		Ⓧ USDA Ineligible
due to price & location
near Los Angeles

Welcome to 2012 S La Salle Ave

An enticing investment nestled in the sought-after West-Adams Heights neighborhood of Los Angeles. This fourplex offers a mix of units, including a 3-bedroom, 1-bathroom unit and three 1-bedroom, 1-bathroom units, spread across two levels o n a 7, 500 SqFt lot wth RD1.5 zoning. With approximately $66, 708.00 in gross annual income, this property presents both immediate cash flow and potential for future growth. Each unit has a history of consistent rental income, providing a stable foundation for investors to build upon.

Conveniently located mere minutes away from USC, Exposition Park, Crypto Arena and LA Live and downtown LA, this property offers unparalleled access to amenities and attractions, ensuring high tenant demand. Don't let this opportunity slip away. Whether you're a seasoned investor seeking to diversify your portfolio or a first-time buyer looking to enter the lucrative world of real estate investment, 2012 S La Salle Ave has both financial stability and growth potential. Schedule a viewing today and seize the potential of this prime investment opportunity!


Presented by Noah Saha at
House Of Seven Gables Real Estate Inc.


Property MLS #SR24042553 from CRMLS

Bedrooms: 6

Ceiling Fan(s)
Copper Plumbing Partial
Dry Bar
Pantry
Recessed Lighting
Storage
Tile Counters

Appliances: Gas Oven, Gas Range, Water Heater
Appliances YN: Yes
Laundry Features: Inside, Upper Level

Full Bathrooms: 4

Heating Features: Wall Furnace
Heating: Yes

Lot Description: Lot 6500-9999
Lot Size Acres: 0.1722452
Lot Size Source: Assessor
Lot Size Square Feet: 7503

Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

Calculated Total Monthly Association Fees: 0

Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2400.00
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 5074029016
Postal Code Plus 4: 1628
Trash Expense: 1500.00
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$83,698 + $740,457
$824,155		$10,147
2021$82,057 + $725,939
$807,996		$10,008
2020$81,216 + $718,496
$799,712		$10,106
2019$79,624 + $704,408
$784,032		$9,715
2018$78,063 + $690,597
$768,660		$9,577
2017$76,533 + $677,056
$753,589		$9,375
2016$75,033 + $663,781
$738,814		$9,138
2015$73,906 + $653,811
$727,717		$9,007
2014$72,459 + $641,004
$713,463		$9,060
2013$72,132 + $638,107
$710,239		$9,055
2012$70,718 + $625,596
$696,314		$9,176
2010$69,332 + $613,330
$682,662		$8,992
2009$68,978 + $610,194
$679,172		$8,662
2009$68,814 + $608,747
$677,561		$8,662
2008$67,626 + $598,230
$665,856		$8,296
2007$66,300 + $586,500
$652,800		$8,019

Listed 2024-05-31
$1,199,000
CRMLS
Listing removed 2023-04-24
$0
CRMLS
Price Changed 2023-03-14
$1,300,000
CRMLS
Price Changed 2023-01-09
$1,350,000
CRMLS
Price Changed 2022-11-14
$1,370,000
CRMLS
Listed 2022-10-23
$1,399,989
CRMLS
Listing removed 2022-02-16
$0
TheMLSCLAW
Price Changed 2021-03-21
$1,080,000
TheMLSCLAW
Price Changed 2021-02-16
$1,091,000
TheMLSCLAW
Price Changed 2020-11-21
$1,090,000
TheMLSCLAW
Price Changed 2020-10-28
$1,099,995
TheMLSCLAW
Price Changed 2020-09-15
$1,099,999
TheMLSCLAW
Listing removed 2020-09-14
$0
CRMLS
Listed 2020-08-28
$1,050,000
CRMLS
Listed 2020-07-26
$1,100,000
TheMLSCLAW
Listing removed 2019-08-14
$0
CRMLS
Relisted 2019-08-10
$1,050,000
CRMLS
Listing removed 2019-07-01
$0
CRMLS
Relisted 2019-06-30
$1,050,000
CRMLS
Listing removed 2019-06-05
$0
CRMLS
Relisted 2019-06-02
$1,050,000
CRMLS
Listing removed 2019-05-12
$0
CRMLS
Relisted 2019-05-11
$1,050,000
CRMLS
Listing removed 2019-04-20
$0
CRMLS
Listed 2019-03-20
$1,050,000
CRMLS
Sold 2005-08-26
$640,000
Public Record
Sold 2005-01-05
$585,000
ITECH
Listed 2004-08-06
$575,000
ITECH
Sold 1994-10-20
$125,000
Public Record
Sold 1989-01-04
$190,000
Public Record

Net Operating Income: 60828.00

Total Square Feet Living: 3416
Year Built: 1916
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 108
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Public Records

Sewer: Sewer: Public Sewer, Water Sewer Expense: 1500.00
Water Source: Public

Twenty-Fourth Street Elementary School is a public elementary school located approximately 0.5 miles away.
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West Adams Preparatory High School is a public high school located approximately 0.8 miles away.
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Pio Pico Middle School is a public middle school located approximately 1 miles away.
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Saint Thomas The Apostle is a private elementary and middle school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.